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Chin Augmentation Market: Major Trends Reshaping the Future of the Industry
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Chin Augmentation Industry Market Size Be by 2025?
Over the past few years, there has been a robust growth in the chin augmentation market size. The market expansion is expected to continue from $1.14 billion in 2024 to $1.22 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%. The historic period's growth can be linked to the rising aesthetic consciousness, heightened understanding of facial aesthetics, growing adoption of virtual consultations, and a heightened appreciation for facial balance and harmony.
What's the Long-Term Growth Forecast for the Chin Augmentation Market Size Through 2029?
In the forthcoming few years, the market size for chin augmentation is projected to experience robust growth. The market is predicted to surge to $1.57 billion by 2029, with a compound annual growth rate (CAGR) of 6.6%. The surge in growth for the forecasted period can be tied to the escalation in skin cosmetics demand, better financial capacity for aesthetic procedures, an expansion in the cosmetic industry, amplified demand for chin augmentation processes, and heightened awareness concerning aesthetics. Key trends for the forecasted duration consist of the progression in technology, the advent of novel technologies and methodologies, evolution in the subsequent generation of dermal fillers, advancements in medical technology, and innovation in surgical techniques.
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What Are the Key Growth Drivers Fueling the Chin Augmentation Market Expansion?
The chin augmentation market is anticipated to experience growth, driven primarily by an increase in cosmetic procedures. Cosmetic procedures are medical treatments designed to enhance physical appearance by correcting physical deformities or improving aesthetic features. Societal focus on looks and medical technology advancements are causing a surge in these procedures, contributing to their increased accessibility and safety. Chin augmentation, in particular, enjoys popularity within the scope of cosmetic procedures due to its enhancement of facial balance and profile aesthetics, thereby improving overall facial harmony. As illustrated in a June 2024 report by the US-based International Society of Aesthetic Plastic Surgery (ISAPS), in 2023, the total number of surgical and non-surgical aesthetic procedures grew by 3.4% to reach 34.9 million. This included a higher rise of 5.5% in surgical procedures, marking over 15.8 million procedures performed by plastic surgeons, and 19.1 million non-surgical procedures. This increase in cosmetic procedures is therefore propelling the expansion of the chin augmentation market.
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What Are the Key Trends Driving Chin Augmentation Market Growth?
Leading companies in the chin augmentation market are concentrating their efforts on creating cutting-edge medical solutions like hyaluronic acid (HA) dermal filler. Their aim is to cater to the increasing demand for non-surgical aesthetic improvements and present safer, more efficient alternatives for facial feature enhancement. Hyaluronic acid (HA) dermal filler, a gel-like substance placed under the skin, helps increase volume, smoothen out wrinkles and enhance facial contours. As an illustration, in March 2024, US-based biotech firm AbbVie announced that its cheek augmentation injectable gel, JUVÉDERM VOLUMA, had received approval from the U.S. Food and Drug Administration (FDA). This gel is used for deep injection to counteract age-related volume loss in the mid-face, and to boost the chin region, thereby, enhancing the chin profile in adults aged 21 and above.
How Is the Chin Augmentation Market Segmented?
The chin augmentation market covered in this report is segmented -
1) By Procedure: Surgical, Non-Surgical
2) By Material Type: Implants, Dermal Fillers, Fat Grafting, Other Materials
3) By Gender: Female, Male
4) By End-Use: Hospitals, Cosmetic Clinics, Ambulatory Surgical Centers, Other End-Users
Subsegments:
1) By Surgical: Chin Implant Surgery, Genioplasty (Bone Surgery)
2) By Non-Surgical: Dermal Filler Injections, Botox Injections, Thread Lifts
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Which Companies Are Leading the Charge in Chin Augmentation Market Innovation?
Major companies operating in the chin augmentation market are AbbVie Inc., Stryker Corporation, Galderma Filler, Merz Pharma Gmbh and Co. Kgaa, InMode Ltd., KLS Martin Group, OsteoMed, Sientra Inc, GC Aesthetics Limited, Hans Biomed, POLYTECH Health and Aesthetics, Implantech Associates Inc, Sebbin Sas, Teoxane, Solta Medical Inc, Silimed, Lucid Implants, Surgiform Technologies, Facial Plastic Surgery Inc, Eurosurgical Ltd, Cadogan Clinic Ltd
Which Regions Are Leading the Global Chin Augmentation Market in Revenue?
North America was the largest region in the chin augmentation market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the chin augmentation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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